Page 58 - Ababa News Today

Alibaba’s, JD.com’s results exceed expectations after companies focus on discounted goods

By Mihret G/kristos @MercyG_kirstos Addis Abeba – In the heart of Central Tigray, just 95 kilometers away from the city of Mekelle, the

Graham Capital Wealth Management LLC purchased a new position in shares of Alibaba Group Holding Limited (NYSE:BABA – Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 202 shares of the specialty retailer’s stock, valued at approximately $206,404,000. A […]

China’s economic woes increase the pressure on some of the country’s largest internet companies, including Alibaba, JD.com and Baidu.

Brandes Investment Partners LP boosted its stake in shares of Alibaba Group Holding Limited (NYSE:BABA – Free Report) by 2,097.3% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 303,573 shares of the specialty retailer’s stock after buying an additional 289,757 shares during the period. Brandes Investment […]

Chinese tech stocks have struggled to gain traction in recent years, with the KraneShares CSI China Internet ETF peaking in early 2021.

Despite continued signs of a strong rebound in Macau, the recovery of Las Vegas Sands, Wynn Resorts, and to an extent MGM Resorts stocks, has stalled in...

Freemont Management S.A. lessened its holdings in shares of Alibaba Group Holding Limited (NYSE:BABA – Free Report) by 41.6% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 159,400 shares of the specialty retailer’s stock after selling 113,612 shares during the period. Alibaba Group accounts for about 2.3% […]

Winch Advisory Services LLC decreased its position in shares of Alibaba Group Holding Limited (NYSE:BABA – Free Report) by 1.6% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 7,938 shares of the specialty retailer’s stock after selling 126 shares during the quarter. Winch Advisory Services LLC’s […]

Zurcher Kantonalbank Zurich Cantonalbank trimmed its position in shares of Alibaba Group Holding Limited (NYSE:BABA – Free Report) by 13.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,781 shares of the specialty retailer’s stock after selling 2,682 […]